11.5% is a higher return than madoff promised
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Your mumbling humbles me. Ty 🫂
Saylor is the Frankenstein's Monster of Bitcoin
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"STRC your income.
For those who like fiat"
The question is why do people accept 11.5% returns when they know bitcoin is powering those returns and they could just hold the underlying asset self sovereign.
People who need to have cash on hand for stuff like to have a cash equivalent earning enough yield to make up for inflation. It’s all well and good for people with 100s of btc to not give a crap about having cash on hand, but for the plebs the idea that your 20k you saved for your bathroom remodel is now worth 15k is awkward for planning.
heard the same argument when i said blockfi was risky
No doubt. Anyone who thinks they are getting 11.5% risk free is naive.
NOTHING TO SEE HERE - remain calm
People forget Madoff was running the ponzi through his personal checking account at Chase
It looks like scam, smells like scam, walks like scam but it an iphone.....🤣🤣🤣
but but but did he have DIGITAL CAPITAL
Saylor causes short squeeze, we all get rich. Why all the complaining?
"Vos tenés razón, ese return es más que lo que Madoff prometía, pero con Bitcoin no hay promesas, solo resultado. No hay nada más sólido que la red y el código de Satoshi".
Funniest thing Ive read today xD
Its true and Madoff was much more respected by the establishment than Saylor by a mile - but I'm not ready to put Saylor in that category although I have some serious.issues with MSTR and "digital credit" in general.
Madoff successfully ran an outright scam for decades - everyone knew what it was. Nobody ever batted an eye until it blew up in a moral panic. His ponzi was no different from a lot of private credit out there now.